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News for: Interest Rates
Showing 1 - 24 of 237 results
Oct 24, 2025 11:54 AM
— Interest Rates
Mortgage Rates Little-Changed Despite Decent Inflation Data
The Consumer Price Index (CPI) was released this morning, showing lower-than-expected core monthly inflation and annual levels, which is rate-friendly. The bond market initially reacted strongly, implying lower mortgage rates, but later had second thoughts causing most mortgage lenders to have slightly higher rates compared to the previous day. Overall, rates would have been higher if not for the ... more
Oct 24, 2025 6:34 AM
— Interest Rates
Pros and Cons in CPI Report
The Consumer Price Index (CPI) results were bond friendly with lower core and headline numbers than expected, but still running high annually. Metrics aiming to strip out tariff impacts and housing show inflation momentum that is still a concern for the Fed. This led to 10yr yields rallying briefly then erasing half of those gains.
Oct 23, 2025 9:58 AM
— Interest Rates
Mortgage rates fall to lowest mark in over a year
Economists expect the Federal Reserve to continue cutting rates, but other factors may have a greater impact on mortgage lending. The 30-year fixed rate mortgage interest rate average is at a 2025 low. The government shutdown and lack of data are keeping mortgage rates in a narrow range, leading to uncertainty among investors.
Oct 23, 2025 7:24 AM
— Interest Rates
You Know Things Have Been Pretty Good When...
Over the past 2 years, rates have stayed in a narrow range around a 10-year yield of 4.34%. A slight overnight selling has brought yields under 4.0%, which is considered good. The gradual movement of rates may be attributed to consolidation vibes, although rising oil prices could also play a role.
Oct 20, 2025 3:23 AM
— Interest Rates
Mortgage payments have nearly doubled in the past decade. These counties saw the biggest rise
Mortgage rates have decreased, hitting their lowest levels since the start of the year. However, they remain higher than pre-pandemic levels. Rising home prices have also contributed to increased monthly mortgage costs. Counties in Idaho experienced the largest increases, with Canyon County seeing costs rise to $2,381 in 2025 from $840.71 in 2015. The most expensive housing prices are found in Mas... more
Oct 19, 2025 12:24 AM
— Interest Rates
Federal Reserve
The article discusses the Federal Reserve's plans to address the federal deficit, the possibility of cutting interest rates, and the impact on the economy. Various experts have provided insights on inflation, interest rates, central bank policies, and the mortgage lending market.
Oct 17, 2025 4:23 PM
— Interest Rates
Mortgage payments have nearly doubled in the past decade. These counties saw the biggest rise
Recent data shows that mortgage rates have decreased but remain higher than pre-pandemic levels. Monthly mortgage payments have nearly doubled in the last 10 years due to both higher interest rates and rising home prices. The top five counties with the largest mortgage increases are all in Idaho, with Canyon County experiencing the largest rise. Housing prices in Idaho are attributed to a decline ... more
Oct 17, 2025 11:23 AM
— Interest Rates
Could mortgage interest rates fall before the Fed's October meeting? Here's what to consider.
The Federal Reserve is expected to issue another 25 basis point rate cut at the end of October, which could influence mortgage rates. However, there is a possibility that mortgage rates could fall even before the Fed's meeting based on historical trends. Lenders may start reducing offers before the official announcement, so borrowers should monitor rates, improve credit scores, and shop around for... more
Oct 17, 2025 8:24 AM
— Interest Rates
Bonds Partially Unwinding Yesterday's Liquidity Panic
Yesterday's mystery rally in the short end of the yield curve was due to liquidity/reserve stress in short-term funding markets, not regional bank drama. Market concerns about reserves running thin and the Fed intervening to benefit short-term rates led to the rally. The situation has calmed down with news of Chinese tariffs.
Oct 17, 2025 3:24 AM
— Interest Rates
Block Trades Setting The Tone After Mostly Data-Free Morning
Due to the government shutdown, several economic reports were not released, including jobless claims, Retail Sales, and PPI data. The only data released was the Philly Fed report, which had no impact. Block trades later in the morning caused 10yr yields to rise, leading to a modest increase in both yields and MBS.
Oct 16, 2025 2:26 PM
— Interest Rates
Seriously... No One Seems to Know
There was a large, rapid move in Fed Funds Futures and other short-term rate metrics, leading to a rally in longer-term rates as well. The catalyst for the movement was unclear, with possible factors being regional bank fears and comments from Fed's Waller.
Oct 16, 2025 12:25 PM
— Interest Rates
Mortgage Rates Quickly Approaching Long-Term Lows
Interest rates have experienced significant movement without any clear catalyst. Bond market surged without specific reasons, leading to many mortgage lenders offering lower rates in the afternoon. Conventional 30yr fixed rates are moving from the 6.3's to the 6.1's, indicating potential larger changes. With rates nearing the 6.125% mark, there may be further movement in that direction or a possib... more
Oct 14, 2025 9:25 AM
— Interest Rates
Lower rates fuel big September refi spike
The article discusses how falling interest rates led to a rush in refinancing, but slowing purchase activity brought a decline in overall lock volumes. It also mentions increases in new-home loan activity, declines in applications, rising incomes improving buyer affordability, and record home prices remaining obstacles.
Oct 12, 2025 5:23 AM
— Interest Rates
Trump says inflation is 'defeated' and the Fed has cut rates, yet prices remain too high for many
Inflation has risen in three of the last four months, presenting risks for the White House and the Federal Reserve. The Fed has cut interest rates on the assumption that tariffs will only cause a temporary uptick in inflation. But concerns remain that ongoing tariffs could lead to more than just a temporary increase in inflation, especially as some companies are still raising prices to offset tari... more
Oct 11, 2025 10:31 AM
— Interest Rates
What's a good mortgage refinance interest rate this October?
After an interest rate cut issued by the Federal Reserve in September, many current homeowners who purchased a home after 2022 have experienced relief from their elevated mortgage interest rates. Mortgage refinancing demand has surged as a result, allowing homeowners with high rates to potentially secure lower rates. The definition of a good mortgage refinance rate varies depending on the homeowne... more
Oct 8, 2025 4:23 AM
— Interest Rates
Borrowers head back to riskier mortgages, looking for any potential savings
Mortgage demand weakened overall last week, with applications dropping 4.7%. Refinance applications fell 8%, while purchase applications decreased by 1%. Adjustable-rate mortgages are becoming more popular due to lower interest rates, with the ARM share increasing to 9.5% last week.
Oct 7, 2025 8:23 AM
— Interest Rates
Early Gains Erase Overnight Weakness
10-year yields rose towards 4.20% overnight but buying pressure at the CME open pushed bonds into positive territory. The buying was likely influenced by the NY Fed Survey of Consumer Expectations, which showed increased unemployment expectations and a weakening labor market.
Oct 6, 2025 1:28 PM
— Interest Rates
A Smarter Play on Fed Rate Cuts with Cherry Hill Mortgage – Initiation Report
Cherry Hill Mortgage Investment Corp. is recommended for investors looking to benefit from anticipated Fed rate cuts in 2026. The company's dual-sleeve strategy REIT combines mortgage servicing rights with agency residential mortgage-backed securities. They actively manage interest rate risks and anticipate core earnings growth. The business model is sensitive to changes in market interest rates, ... more
Oct 2, 2025 11:34 AM
— Interest Rates
How potential changes to the GSEs could affect mortgage rates
Some government-sponsored enterprise reform models could potentially increase monthly mortgage payments by three or four figures, while others may have a limited downward effect. Housing experts discussed government support for long-term fixed-rate mortgages at a Cato Institute event. The potential Fed rate cut is creating hopes for lower mortgage rates, which could impact the mortgage market sign... more
Sep 29, 2025 1:24 PM
— Interest Rates
Mortgage Rates Hold Flat to Start New Week
The bond market and interest rates remained stable as investors awaited clarity on a potential government shutdown this week. The absence of this Friday's jobs report, due to the shutdown, would impact the rate market significantly. Last month's jobs report helped push rates to the lowest levels in nearly a year, but other economic reports have since shifted direction. Future jobs reports will be ... more
Sep 25, 2025 11:25 AM
— Interest Rates
Mortgage Rates Slightly Higher After Upbeat Economic Reports
Thursday's economic reports included an upward revision of GDP data for Q2, lower weekly jobless claims, and stronger demand for big ticket manufactured goods. These reports led to the bond market moving to weaker levels resulting in slightly higher mortgage rates for the day.
Sep 24, 2025 6:23 AM
— Interest Rates
Federal Reserve cuts interest rates: What’s next for credit cards, auto loans, mortgages
The Federal Reserve cut short-term interest rates by a quarter-point, and there is speculation regarding more rate cuts in the future. The political influence on the Fed by President Trump, disagreements among Federal Reserve governors, and statements pointing to potential economic challenges were highlighted during the recent meeting. The potential impact on credit card rates is mentioned along w... more
Sep 24, 2025 4:23 AM
— Interest Rates
Mortgage demand stalls after mini refinance boom
After a significant increase in refinance demand the previous week, mortgage demand remained stagnant despite a further decrease in interest rates. Refinance demand only rose by 1% for the week but was considerably higher compared to the same period last year. Purchase application activity remained relatively strong. Demand for adjustable-rate mortgages, which had surged earlier, fell back last we... more
Sep 23, 2025 9:23 AM
— Interest Rates
What are the monthly payments on a $350,000 mortgage after the Fed's rate cut?
The Federal Reserve's decision to cut its benchmark rate by 25 basis points caused mortgage rates to drop, with the average 30-year fixed mortgage loan rate falling to 6.13%, the lowest in three years. This rate cut led to a surge in new mortgage loans and refinancing applications. Borrowers could save over $2,500 annually on a $350,000 loan compared to rates earlier in the year. Current homeowner... more
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The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 400 lenders. Mortgage-Rates.ai does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@mortgage-rates.ai
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 400 lenders. Mortgage-Rates.ai does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@mortgage-rates.ai
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.